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Fitch upgrades Vedanta Resources to BB-, outlook stable

Fitch Ratings has upgraded Vedanta Resources to 'BB-' from 'B+'. This marks the highest bond rating for the company in a decade. The upgrade reflects expectations of higher commodity prices and volumes. Lower costs are also anticipated. These factors are projected to boost earnings and support debt reduction. Vedanta Resources holds strong market positions in key segments.

7 Apr 2026 12:01 am